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View Full Version : How to get symbol's tick size or value via API



karolis
03-26-2014, 02:36 PM
Hello,

I have two questions regarding Backoffice API:

1. How to get symbol's tick size (e.g. 0.0001)
2. How to get symbol's tickvalue (e.g. 10 usd per tick)

Thanks,
Karolis

Hassan-HS
03-27-2014, 12:23 AM
Hello,

You can calculate the point of symbol as following...



Dim point as double
Dim vSymbol As VertexFXBOAPI10.COSymbol
For i As Integer = 1 To Dealer.SymbolsCount
vSymbol = Dealer.SymbolByIndex(i)
If Not vSymbol Is Nothing Then
Point =10 ^ -(Math.Abs(Dealer.SymbolByIndex(i).PipLoc))
End If
Next




2. How to get symbol's tick value (e.g. 10 usd per tick)


Please explain more, i don't understand you what you want exactly...

Hassan-HS
03-27-2014, 08:30 AM
To calculate the profit or the loss use the following formulas based on the following symbol settings:


Symbol Settings:
Contract Size
Ref Symbol
Direct/Indirect
Multiplication/Division
Formulas:
Direct & Ref symbol calculation = multiplication
Profit/ loss = Amount * ( Contract size * (Close price - Open Price ) * Ref Close Price)


Direct & Ref symbol calculation = Division
Profit/ loss = Amount * ( Contract size * (Close price - Open Price ) * (1/ Ref Close Price))


Indirect & Ref symbol calculation = multiplication
Profit/ loss = Amount * ( Contract size * ((1/Close price) - (1/Open Price) ) * Ref Close Price)

Indirect & Ref symbol calculation = Division
Profit/ loss = Amount * ( Contract size * ((1/Close price) - (1/Open Price) ) * (1/ Ref Close Price))


Example

Gold Setting Is :
Gold Contract Size=100
Ref Symbol=(USD)
Direct
Multiplication


Buy 1.0 lot Gold at price 2.00 and close it at 2.01 ------> profit= 1 / (USD)

that means 0.01 profit = 1/USD price.

karolis
03-28-2014, 08:08 AM
Dear Hassan-HS,

Thanks for answering the first question. For the second question, I was referring to dollar value of one tick, but I successfully calculated it by using the result from the first formula you provided.

Just a suggestion: it would be very helpful for all users if you provided some very brief comments in the code for methods. I saw PipLoc, but just did not know what that means, as there was no description of the property in IntelliSense.

One more question I have, is how to transfer a trader from one group to another?

Thanks for help in advance :)

Karolis

Hassan-HS
03-28-2014, 09:36 AM
You are welcome :)



Dim point as double
Dim vSymbol As VertexFXBOAPI10.COSymbol (http://www.hybrid-solutions.com/support/index.php?/Knowledgebase/Article/View/2022/0/cosymbol)
For i As Integer = 1 To Dealer.SymbolsCount
vSymbol = Dealer.SymbolByIndex(i)
If Not vSymbol Is Nothing Then
Point =10 ^ -(Math.Abs(Dealer.SymbolByIndex(i).PipLoc))
End If
Next






PibLoc: property returns a a number that represents the location of the pip.


Ex:

PipLoc = -4 ' means the the one location is after the decimal with 4 digits. => ( 0.0001)

How to convert PipLoc -X to this Style 0.XXXX ?



10 ^ PipLoc





One more question I have, is how to transfer a trader from one group to another?


You cant transfer client between groups using the API, but i will check the possibility to ad this in next version of API